Conflict Diamonds News
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President Barack Obama must take tougher actions than those specified so far to deter cyber attacks on vital computer networks, including freezing offenders’ assets or denying them entry into the U.S., cybersecurity experts said.
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The Kimberley Process , the global body that monitors sales of so-called conflict diamonds, may decide tomorrow whether Zimbabwe can export gems from its Marange diamond fields, Chairman Boaz Hirsch said.
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It being the feast of Saint Valentine, today is a favored moment to give or receive that ultimate lovers’ gift: a diamond. This year, however, isn’t a good one for those who want to know for sure that the stone’s origins are above reproach.
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Global Witness, the London-based advocacy group, said it’s withdrawing from the Kimberley Process, an organization it helped establish to monitor the sale of so-called conflict diamonds.
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Enos Chikwere spills nine uncut diamonds from a bag at Restaurante Piscina in Mozambique near the Zimbabwe border and says they’re worth $75,000 .
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The Kimberley Process, the global body that monitors sales of so-called conflict diamonds, has yet to reach a decision on whether exports of gems from Zimbabwe’s Marange field will be permitted, Boaz Hirsch, the group’s chairman, told reporters in Jerusalem today.
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Zimbabwe will sell diamonds from the Marange diamond fields because it can’t be stopped by “hostile nations,” the state-controlled Herald said, citing Mines Secretary Thankful Musukutwa .
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Kimberly Process officials will make two trips to Zimbabwe in the coming months to certify diamonds mined at the disputed Marange deposits as the country seeks to resume exports of the gems.
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Cameroon will “keep watch on the diamond trade” after its admission into the Kimberley Process to certify the gems, Emmanuel Bonde, minister of mines, industries and technological development, said.
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Merrill Lynch & Co., the brokerage unit of Bank of America Corp. , won a U.S. judge’s ruling denying a bid by 17 black financial advisers for group status in their five-year-old discrimination lawsuit.
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